A two-building development will mark the first phase of a 500-acre master-planned campus in Stuart, Fla.
Fortress Investment Group’s capital infusion will allow the firm to complete deals and retire debt.
This will be TCC’s second such project with Washington Capital Management in the city’s Denny Triangle neighborhood.
Seeded with $500 million, the new investment vehicle will focus on developing and repositioning assets in leading U.S. markets.
A new 10-story building will be the anchor of an innovation district in downtown Phoenix.